Metaverse

Meta Hollywood partners The Sandbox to develop Hollywood-themed LAND and gamified experiences

Meta Hollywood, the largest virtual community for movie lovers, studios, and creators, which was launched by Animoca Brands in partnership with the Planet Hollywood Group (Planet Hollywood), announced Wednesday a new partnership with The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, to develop a first-of its-kind virtual…

South Korea’s Klaytn partners with US’s OpenSea to spur growth in Asia

South Korea-based metaverse blockchain ecosystem Klaytn Foundation has joined forces with United States based marketplace for non-fungible tokens (NFTs) OpenSea, to invest in the Asian NFT ecosystem. The partnership, which was announced at NFT.NYC, is the first-of-its-kind dedicated to accelerating the growth and adoption of NFTs in Asia.

Conversational AI: The key to shaping the Metaverse 

With the Metaverse increasingly simulating the real world in a virtual space, the need for an enhanced delivery experience will also quickly become imperative.

Technology of DAOs and the Metaverse

As we lead humanity into a future of Metaverse and DAOs, the future is likely shaped by both sides, and we are poised to make a difference. Our decisions now will determine our fate, and it’s up to us to make wise choices.

Singapore’s Mighty Jaxx acquires Kinetiquettes and PLAYe to expand pop culture footprint globally

Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.

Vietnam’s Ancient8 raises $6M from Makers Fund and C2 for GameFi infrastructure

Ancient8, a GameFi infrastructure developer and Vietnam’s largest blockchain gaming guild and community, announced Thursday the completion of a $6 million private round of financing led by Makers Fund and C² Ventures. The round also saw participation from existing and new investors Pantera Capital, 6th Man Ventures, IOSG Ventures, Folius Ventures,…

How the metaverse will drive convergence between online and offline worlds, an interview with VIZZIO’s Jon Li [Q&A]

The Internet today is essentially a digital overlay of the world, which is driven largely by 2D information, texts, voices, images, and videos. But that’s about to change. We now have the technology and infrastructure to create new 3D virtual worlds, or rather a digital model, of our physical world. These virtual worlds will obey the laws of physics, or not…

Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies

Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global institutional investors such as DST Global Partners, and Breyer Capital. Other major private equity funds, family offices, and corporations also subscribed to the fund as limited partners.…

Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India

BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.

The Sandbox acquires Uruguayan technology firm Cualit to accelerate Web3 development and metaverse growth

The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, announced Thursday it has acquired the Uruguayan company Cualit, a full-stack development technology firm experienced in gaming, to boost its Web3 and blockchain innovation and development capabilities. Cualit will become The Sandbox Uruguay, expanding The Sandbox global…